The the sixth version of Panama Black Weekwhich starts on September 26, has a special motivation this year, which is why it is held in the last week of the month.
Panama is currently the venue for the tenth congress World Missionary Movementwhich gathers members from 180 countries and that number of visitors, estimated between 12 thousand and 15 thousand people, want to use the shopping centers to make the weekly offers more profitable.
For this reason, it was decided to move the start of this event by September 26 so that these people could take advantage of it.
Also, other international forums are held in the country, such as Latin American Real Estate Congresswith delegations from 18 countries hoping to be attracted by the commercial activity.
On the other hand, it begins on Tuesday the 26th, respecting the closure, on the 24th and 25th of September, of Jewish-owned businesses, which mark Yom Kippur or Day of Atonement.
Erick Zamora Gómez, President Panama Association of Shopping Centers (Apacecom)he said that the expectations are high and that in addition to the participants at these congresses, groups from Ecuador, Costa Rica, Peru, Argentina and Colombia are also expected.
Are they 3,100 business premises registered to participate in the Panama Black Week which will offer promotions with discounts of up to 70%.’
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The sixth version of Panama’s Black Week will last.
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The shopping centers are part of Apacecom, but the week of offers will also be extended to the others.
“We expect to overcome the last Black Week that has arisen A total of 85 million dollars and reach approximately $100 million,” he estimated.
This activity is a brand created as a country and In its first versions, it had sales of 120 million dollars.
His influence was such that September went from being a month of low sales, in general the second largest collection just after December.
Although it is organized by Apacecom, a union made up of 16 shopping centers, Panama Black Week is celebrated practically throughout the country And it’s not only an opportunity for stores to make extra profit than expected, but other businesses, such as restaurants and beauty salons, are also taking advantage of it.
Among the segments that will have a good offer for consumers is electronics and white goods, shoes and clothes in general.
At the level of domestic customers, the biggest movement is expected for the weekend September 29 to October 1although Panama’s Black Week will extend through Monday, October 2.
“It is a good opportunity to take advantage and invest in good offers in businesses that take advantage of this change of season renew the brands for what is to come, which is the biggest season (end of the year),” said Zamora Gómez.
As expected, shopping centers They will have extended hours during Panama Black Weekthey close at 10:00 p.m., and even at 11:00 p.m., depending on the amount of purchases they make.
From National police They announced that they will reinforce the forces in the business premises during the days of the activities.
There will also be staff from Directorate for Consumer Protection and Defense of Market Competition (Acodeco)which will have orientation and consumer services modules in Westland Mall, Albrook Mall, Metromall and Multiplaza.
Source: Panama America
I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.
